The Clean Energy Finance Corporation will co-invest with capital from a $US7 billion ($11 billion) Goldman Sachs fund to offer construction debt to Australian residential and office projects that measure their whole-lifecycle carbon footprint and disclose the efforts to mitigate those emissions.
The federal government’s green bank will co-invest $160 million alongside funds from the Real Estate Credit Partners IV (RECP IV) fund, one of a growing pool of funds investing under governance principles of the European Union’s Sustainable Finance Disclosure Regulation.
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